Shriram Finance Limited has reported its consolidated financial performance for Q3 FY25, reflecting significant growth across key metrics.
Key Financial Metrics (Q3 FY25 vs Q3 FY24):
- Total Revenue from Operations: ₹10,698.31 crore, up 20.9% YoY from ₹8,822.39 crore.
- Net Profit after Tax (including discontinued operations): ₹3,248.64 crore, an impressive 73.4% YoY increase from ₹1,873.59 crore.
- Profit Before Tax (PBT): ₹4,312.81 crore, up 76.8% YoY from ₹2,439.62 crore.
Nine-Month Performance:
- Total Revenue from Operations: ₹30,380.19 crore, a growth of 19.2% YoY from ₹25,480.70 crore in the corresponding period.
- Net Profit: ₹7,432.55 crore, up 41.7% YoY from ₹5,377.61 crore.
Operational Highlights:
- Finance Costs: Increased to ₹4,751.26 crore in Q3 FY25 from ₹3,706.89 crore in Q3 FY24.
- Employee Benefits Expenses: ₹970.41 crore in Q3 FY25, up from ₹809.91 crore in the same period last year.
- Impairment on Financial Instruments: ₹1,325.83 crore, compared to ₹1,234.94 crore in Q3 FY24.
Management Commentary:
The management emphasized its robust financial position and strategic initiatives to drive growth in a competitive environment. The focus remains on operational efficiency, customer-centric approaches, and risk management.
Outlook:
Shriram Finance continues to position itself as a leader in the financial services sector, capitalizing on opportunities while delivering consistent shareholder value.
TOPICS:
Shriram Finance